Advancement Resources Intercultural Significant Education Arise

Analysis

Advancement Resources Intercultural Significant Education Arise is a registered charity in United States, based in Mesquite, TX. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Advancement Resources Intercultural Significant Education Arise reported income of $5.2m and spending of $5.6m, spending 108% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $5.6m to $5.2m (-7.5%), an average of -1.9% a year. The sharpest change came in the year to August 2022, when income dropped by 31%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Advancement Resources Intercultural Significant Education Arise sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Legacy Traditional School-East Tucson ($5.2m), Firemens Association of the State New York Foundation Inc ($5.2m) and Alumni Board of the University of Virginia Endowment Fund ($5.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 98% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $303k (5.4% of expenses). At year end it held assets of $8.7m against liabilities of $7.8m, net assets of $818k. It reported 104 employees.